This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A person covered by a generous insurance plan smokes more cigarettes than he does normally. This is ... (Read 33 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 30, 2018
A person covered by a generous insurance plan smokes more cigarettes than he does normally. This is an example of a:
 a. lemon problem.
 b. moral hazard.
 c. adverse selection.
  d. risk selection.

Question 2

A risky borrower can pay a lower interest rate if:
 a. she invests the amount in a profitable business.
  b. she can assure the lender of a low inflation rate.
  c. she makes a promise to repay within a short interval.
  d. she can arrange for a collateral.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

D


fasfsadfdsfa

  • Member
  • Posts: 554
Reply 2 on: Jun 30, 2018
:D TYSM

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Body plan of a flatworm. Body plan of a flatworm.
Anthemius of Tralles and Isidorus of Miletus, Plan of Hagia Sophia, Istanbul. Anthemius of Tralles and Isidorus of Miletus, Plan of Hagia Sophia, Istanbul.
Patient Education Follow-up Plan Patient Education Follow-up Plan
How to choose the right payment plan with changing conditions (Question 1) How to choose the right payment plan with changing conditions (Question 1)
(left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur (left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur
The hierarchy of genes involved in establishing the segmented body plan in Drosophila The hierarchy of genes involved in establishing the segmented body plan in Drosophila
Video: Digestive System Animation

For a complete list of videos, visit our video library